TAW 0.00% 31.0¢ tawana resources nl

Hi Uni, there is no 10% discount currently available, so after...

  1. 17,837 Posts.
    lightbulb Created with Sketch. 1249
    Hi Uni, there is no 10% discount currently available, so after Monday (Tuesday?)makes no difference.


    Currently you may own 1 TAW share


    you will end up with 1.1 AMAL share (A40)


    So you will end up with shares in a different legal entity with its own Share price. What that SP is the market will determine, but in theory should be close to the AUD value of 40f on the SGX, currently it's about 10% below the TAW SP.


    All the arbitrage opportunities will exist, as this relates to the trading of AMAL shares on two exchanges SGX and ASX.


    That's why I take exception to your posts about a 10% bonus that's only available this week, it's nonsense and hopefully others don't act on it thinking they are going to be missing out on a "bonus"


    All just in my humble opinion though.







 
watchlist Created with Sketch. Add TAW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.